The national foreclosure stats are starting to go up and are looking a lot more like what we have been seeing in Massachusetts for a while now. As mentioned in many other articles here it is important to remember that during the big housing crash MA was well ahead of the rest of the nation being in full crash mode in 2005 while most of the nation didn’t really see it until 2006 and 2007, some places even a little later. The fact these trends are more than a year old here could be an indicator for us, and then the rest of the country, that another market correction could be on the horizon. Make sure to check out all our articles and videos on Foreclosures and check back in as we do at least one a month on the subject (Next MA update probably next week).

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Resources mentioned in the video and some other useful resources and good articles: